ARRIS Group Inc (NASDAQ:ARRS) has been given an average rating of “Buy” by the eleven brokerages that are currently covering the stock, American Banking and Market News reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $32.89. ARRIS Group, Inc. (NASDAQ:ARRS) net profit margin is -1.60% and weekly performance is 5.12%. On last trading day company shares ended up $31.03. Analysts mean target price for the company is $34.56. ARRIS Group, Inc. (NASDAQ:ARRS) distance from 50-day simple moving average (SMA50) is 12.20%.
Polycom Inc (NASDAQ:PLCM)‘s stock had its “outperform” rating reaffirmed by Zacks in a research note issued on Wednesday, American Banking and Market News reports. They currently have a $15.00 price objective on the stock. Zacks‘s price target indicates a potential upside of 23.86% from the stock’s previous close. Polycom Inc (NASDAQ:PLCM) shares advanced 1.59% in last trading session and ended the day on $12.76. Gross Margin is 57.80% and its return on assets is -1.30%. Polycom Inc (NASDAQ:PLCM) quarterly performance is -1.85%.
On April 29, Ikanos Communications, Inc. (NASDAQ:IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, announced its financial results for the first quarter of 2014, ended March 30, 2014. Revenue for the first quarter of 2014 was $14.5 million, compared to revenue of $26.2 million for the first quarter of 2013 and revenue of $17.6 million for the fourth quarter of 2013. GAAP gross profit for the first quarter of 2014 was 49%, compared to a GAAP gross profit of 53% for the first quarter of 2013 and GAAP gross profit of 50% for the fourth quarter of 2013. Ikanos Communications, Inc. (NASDAQ:IKAN) shares moved up 9.11% in last trading session and was closed at $0.460, while trading in range of $0.42 – $0.47. Ikanos Communications, Inc. (NASDAQ:IKAN) year to date (YTD) performance is -61.67%.
CommScope Holding Company, Inc. (NASDAQ:COMM) announced that its wholly owned subsidiary, CommScope, Inc., intends to offer $1.1 billion in aggregate principal amount of senior unsecured notes comprised of two tranches of $550 million each, subject to market conditions, to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in compliance with Regulation S under the Securities Act. Commscope Holding Company Inc (NASDAQ:COMM) ended the last trading day at $26.44. Company weekly volatility is calculated as 2.94% and price to cash ratio as 16.13. Commscope Holding Company Inc (NASDAQ:COMM) showed a positive weekly performance of 8.32%.
Jefferies analyst James Kisner reiterated a Buy rating and $5 price target on Sonus Networks, Inc. (NASDAQ:SONS) after meeting with CEO Ray Dolan saying the stock offers the most upside in the group. Sonus Networks, Inc. (NASDAQ:SONS) net profit margin is -4.40% and weekly performance is 13.79%. On last trading day company shares ended up $3.63. Analysts mean target price for the company is $ 4.52. Sonus Networks, Inc. (NASDAQ:SONS) distance from 50-day simple moving average (SMA50) is 10.12%.